VNO
Income statement / Annual
Last year (2025), Vornado Realty Trust's total revenue was $1.81 B,
an increase of 1.27% from the previous year.
In 2025, Vornado Realty Trust's net income was $904.96 M.
See Vornado Realty Trust,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$1.81 B |
$1.79 B |
$1.81 B |
$1.80 B |
$1.59 B |
$1.53 B |
$1.92 B |
$2.16 B |
$2.08 B |
$2.51 B |
| Cost of Revenue |
$0.00
|
$0.00
|
$905.16 M
|
$873.91 M
|
$797.32 M
|
$789.07 M
|
$917.98 M
|
$963.48 M
|
$886.60 M
|
$1.02 B
|
| Gross Profit |
$1.81 B
|
$1.79 B
|
$906.01 M
|
$926.08 M
|
$791.90 M
|
$738.89 M
|
$1.01 B
|
$1.20 B
|
$1.20 B
|
$1.48 B
|
| Gross Profit Ratio |
1
|
1
|
0.5
|
0.51
|
0.5
|
0.48
|
0.52
|
0.55
|
0.57
|
0.59
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$156.12 M
|
$148.52 M
|
$162.88 M
|
$133.73 M
|
$134.55 M
|
$181.51 M
|
$169.92 M
|
$141.87 M
|
$159.00 M
|
$179.28 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$156.12 M
|
$148.52 M
|
$162.88 M
|
$133.73 M
|
$134.55 M
|
$181.51 M
|
$169.92 M
|
$141.87 M
|
$159.00 M
|
$179.28 M
|
| Other Expenses |
$1.38 B
|
$1.38 B
|
$442.54 M
|
$504.50 M
|
$412.35 M
|
$413.06 M
|
$419.11 M
|
-$31.32 M
|
$13.23 M
|
$7.31 M
|
| Operating Expenses |
$1.54 B
|
$1.52 B
|
$605.43 M
|
$638.23 M
|
$546.89 M
|
$594.57 M
|
$589.03 M
|
$588.44 M
|
$588.39 M
|
$744.34 M
|
| Cost And Expenses |
$1.54 B
|
$1.52 B
|
$1.51 B
|
$1.51 B
|
$1.34 B
|
$1.38 B
|
$1.51 B
|
$1.55 B
|
$1.47 B
|
$1.77 B
|
| Interest Income |
$47.15 M
|
$46.02 M
|
$46.14 M
|
$12.79 M
|
$4.61 M
|
$12.81 M
|
$23.41 M
|
$30.17 M
|
$17.59 M
|
$11.20 M
|
| Interest Expense |
$353.87 M
|
$390.27 M
|
$349.22 M
|
$279.77 M
|
$231.10 M
|
$229.25 M
|
$286.62 M
|
$347.95 M
|
$345.65 M
|
$330.24 M
|
| Depreciation & Amortization |
$481.46 M
|
$469.42 M
|
$457.57 M
|
$526.31 M
|
$432.59 M
|
$417.94 M
|
$438.93 M
|
$1.63 B
|
$1.82 B
|
$1.46 B
|
| EBITDA |
$1.77 B |
$880.61 M |
$845.61 M |
$423.32 M |
$840.50 M |
$203.52 M |
$4.14 B |
$1.25 B |
$1.16 B |
$1.48 B |
| EBITDA Ratio |
0.98
|
0.49
|
0.47
|
0.24
|
0.53
|
0.13
|
2.15
|
0.58
|
0.56
|
0.59
|
| Operating Income Ratio |
0.15
|
0.15
|
0.17
|
0.16
|
0.15
|
0.09
|
0.22
|
0.27
|
0.29
|
0.22
|
| Total Other Income/Expenses Net |
$678.56 M
|
-$221.03 M
|
-$238.47 M
|
-$648.80 M
|
-$47.95 M
|
-$569.53 M
|
$3.02 B
|
-$123.36 M
|
-$287.64 M
|
$4.39 M
|
| Income Before Tax |
$950.71 M
|
$42.85 M
|
$62.11 M
|
-$360.95 M
|
$197.06 M
|
-$425.22 M
|
$3.44 B
|
$459.60 M
|
$318.45 M
|
$983.06 M
|
| Income Before Tax Ratio |
0.53
|
0.02
|
0.03
|
-0.2
|
0.12
|
-0.28
|
1.79
|
0.21
|
0.15
|
0.39
|
| Income Tax Expense |
$13.51 M
|
$22.73 M
|
$29.22 M
|
$21.66 M
|
-$10.50 M
|
$36.63 M
|
$103.44 M
|
$37.63 M
|
$41.09 M
|
$8.31 M
|
| Net Income |
$904.96 M
|
$70.39 M
|
$105.49 M
|
-$346.50 M
|
$176.00 M
|
-$297.01 M
|
$3.15 B
|
$449.95 M
|
$227.42 M
|
$960.57 M
|
| Net Income Ratio |
0.5
|
0.04
|
0.06
|
-0.19
|
0.11
|
-0.19
|
1.64
|
0.21
|
0.11
|
0.38
|
| EPS |
4.4 |
0.04 |
0.23 |
-2.13 |
0.53 |
-1.83 |
16.23 |
2.36 |
0.85 |
5.08 |
| EPS Diluted |
4.2 |
0.04 |
0.23 |
-2.13 |
0.53 |
-1.83 |
16.21 |
2.35 |
0.85 |
5.08 |
| Weighted Average Shares Out |
$191.76 M
|
$190.54 M
|
$191.01 M
|
$191.78 M
|
$191.55 M
|
$191.15 M
|
$190.87 M
|
$190.51 M
|
$189.53 M
|
$188.84 M
|
| Weighted Average Shares Out Diluted |
$191.76 M
|
$196.63 M
|
$191.86 M
|
$191.78 M
|
$192.12 M
|
$191.15 M
|
$191.10 M
|
$191.46 M
|
$191.26 M
|
$189.10 M
|
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